Morgan Stanley Cuts Block, Inc. to Equal-Weight on Credit Risks
Photo: TokenPost
Block, Inc. shares fell in premarket trading Monday as Morgan Stanley lowered its rating to Equal-weight, citing credit risks, competition and the company’s need to reinvest. Shares were down 1.73% at $75.14. The Equal-weight rating is equivalent to Hold. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
